Parsons Financials
This page shows Parsons (PSN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Parsons has an operating margin of 6.6%, meaning the company retains $7 of operating profit per $100 of revenue. This results in a moderate score of 33/100, indicating healthy but not exceptional operating efficiency. This is up from 6.3% the prior year.
Parsons's revenue declined 99.9% year-over-year, from $6.8B to $6.4M. This contraction results in a growth score of 0/100.
Parsons carries a low D/E ratio of 0.47, meaning only $0.47 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 94/100, indicating a strong balance sheet with room for future borrowing.
Parsons's current ratio of 1.75 indicates adequate short-term liquidity, earning a score of 50/100. The company can meet its near-term obligations, though with limited headroom.
Parsons has a free cash flow margin of 6.5%, earning a moderate score of 32/100. The company generates positive cash flow after capital investments, but with room for improvement.
Parsons's ROE of 9.1% shows moderate profitability relative to equity, earning a score of 37/100. This is down from 9.7% the prior year.
Parsons scores 1350.75, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($6.7B) relative to total liabilities ($3.0M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Parsons passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Parsons generates $1.98 in operating cash flow ($478K OCF vs $241K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Parsons earns $8.1 in operating income for every $1 of interest expense ($418K vs $51K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Parsons generated $6.4M in revenue in fiscal year 2025. This represents a decrease of 99.9% from the prior year.
Parsons's EBITDA was $535K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 99.9% from the prior year.
Parsons generated $410K in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 99.9% from the prior year.
Parsons reported $241K in net income in fiscal year 2025. This represents a decrease of 99.9% from the prior year.
Parsons earned $2.20 per diluted share (EPS) in fiscal year 2025. This represents an increase of 3.8% from the prior year.
Parsons held $153K in cash against $1.2M in long-term debt as of fiscal year 2025.
Parsons had 106M shares outstanding in fiscal year 2025. This represents a decrease of 0.9% from the prior year.
Parsons's gross margin was 22.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.7 percentage points from the prior year.
Parsons's operating margin was 6.6% in fiscal year 2025, reflecting core business profitability. This is up 0.2 percentage points from the prior year.
Parsons's net profit margin was 3.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.3 percentage points from the prior year.
Parsons's ROE was 9.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.6 percentage points from the prior year.
Parsons spent $125K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 99.5% from the prior year.
Parsons invested $68K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 99.9% from the prior year.
PSN Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.6B-1.1% | $1.6B+2.4% | $1.6B+1.9% | $1.6B-10.4% | $1.7B-4.2% | $1.8B+8.4% | $1.7B+8.8% | $1.5B |
| Cost of Revenue | $1.2B-2.2% | $1.3B+2.1% | $1.2B+3.0% | $1.2B-12.0% | $1.4B-5.9% | $1.4B+9.9% | $1.3B+8.9% | $1.2B |
| Gross Profit | $369.3M+2.6% | $359.9M+3.3% | $348.4M-1.6% | $354.0M-4.3% | $369.8M+2.6% | $360.3M+2.5% | $351.5M+8.2% | $324.8M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $259.8M-0.2% | $260.2M+3.2% | $252.1M+3.3% | $244.1M-7.8% | $264.6M+7.5% | $246.2M+10.3% | $223.3M+1.1% | $220.9M |
| Operating Income | $105.2M-2.5% | $108.0M+12.9% | $95.7M-12.4% | $109.2M+9.4% | $99.8M-13.2% | $115.0M+3.2% | $111.4M+9.4% | $101.8M |
| Interest Expense | $13.0M-4.3% | $13.5M+7.7% | $12.6M+2.6% | $12.2M-2.4% | $12.5M-3.8% | $13.0M+0.2% | $13.0M+0.1% | $13.0M |
| Income Tax | $19.9M+24.4% | $16.0M-14.2% | $18.7M-1.5% | $19.0M+1.3% | $18.7M-16.8% | $22.5M+0.5% | $22.4M+68.2% | $13.3M |
| Net Income | $55.6M-13.3% | $64.1M+16.1% | $55.2M-16.6% | $66.2M+22.2% | $54.2M-24.7% | $72.0M+4.0% | $69.2M+74.0% | $39.8M |
| EPS (Diluted) | $0.51-13.6% | $0.59+18.0% | $0.50-16.7% | $0.60+22.4% | $0.49-24.6% | $0.65+3.2% | $0.63+70.3% | $0.37 |
PSN Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.8B+0.6% | $5.7B+0.3% | $5.7B+5.0% | $5.4B-0.7% | $5.5B+0.8% | $5.4B+3.9% | $5.2B+2.8% | $5.1B |
| Current Assets | $2.7B+1.3% | $2.6B+2.1% | $2.6B+8.0% | $2.4B-2.5% | $2.5B-3.6% | $2.6B-0.7% | $2.6B+6.0% | $2.4B |
| Cash & Equivalents | $466.4M+10.4% | $422.6M+2.7% | $411.3M+52.5% | $269.7M-40.5% | $453.5M-18.8% | $558.8M+5.7% | $528.5M+24.9% | $423.1M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $1.1B-8.1% | $1.2B+4.8% | $1.2B+3.8% | $1.1B+2.2% | $1.1B+6.3% | $1.0B-0.8% | $1.0B+1.9% | $1.0B |
| Goodwill | $2.2B+1.1% | $2.2B+0.1% | $2.2B+2.6% | $2.1B+1.2% | $2.1B+7.8% | $1.9B+7.8% | $1.8B0.0% | $1.8B |
| Total Liabilities | $3.0B-2.3% | $3.1B-0.9% | $3.1B+6.8% | $2.9B-1.7% | $3.0B-2.5% | $3.0B+3.8% | $2.9B+2.2% | $2.9B |
| Current Liabilities | $1.5B-3.5% | $1.6B-1.2% | $1.6B-13.8% | $1.9B-2.6% | $1.9B+16.1% | $1.6B+15.6% | $1.4B+5.4% | $1.4B |
| Long-Term Debt | $1.2B+0.1% | $1.2B+0.1% | $1.2B+57.4% | $785.2M+0.1% | $784.1M-30.8% | $1.1B-9.2% | $1.2B+0.1% | $1.2B |
| Total Equity | $2.6B+3.3% | $2.6B+1.7% | $2.5B+2.5% | $2.5B+1.5% | $2.4B+4.5% | $2.3B+4.2% | $2.2B+3.2% | $2.1B |
| Retained Earnings | $661.2M+9.1% | $605.8M+11.8% | $542.0M+11.1% | $487.6M+14.3% | $426.8M+87.7% | $227.3M+46.2% | $155.5M+78.2% | $87.3M |
PSN Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $167.5M+2.9% | $162.8M+1.9% | $159.8M+1455.7% | -$11.8M-109.3% | $126.8M-57.6% | $299.0M+85.5% | $161.2M+354.2% | -$63.4M |
| Capital Expenditures | $31.9M+143.4% | $13.1M+39.1% | $9.4M-30.0% | $13.5M-28.2% | $18.8M+59.7% | $11.7M+26.8% | $9.3M-1.8% | $9.4M |
| Free Cash Flow | $135.6M-9.5% | $149.7M-0.4% | $150.4M+695.3% | -$25.3M-123.4% | $108.0M-62.4% | $287.3M+89.0% | $152.0M+308.6% | -$72.9M |
| Investing Cash Flow | -$67.3M-180.2% | -$24.0M+76.6% | -$102.6M-66.4% | -$61.7M+70.9% | -$212.1M+17.1% | -$255.9M-492.3% | -$43.2M+5.1% | -$45.5M |
| Financing Cash Flow | -$57.6M+54.7% | -$127.3M-255.8% | $81.7M+173.7% | -$110.9M-628.6% | -$15.2M-16.2% | -$13.1M-5.3% | -$12.4M-104.8% | $259.5M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $60.0M+140.0% | $25.0M+66.7% | $15.0M-40.0% | $25.0M+66.6% | $15.0M | $0-100.0% | $10.0M | $0 |
PSN Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 23.0%+0.8pp | 22.2%+0.2pp | 22.0%-0.8pp | 22.8%+1.5pp | 21.3%+1.4pp | 19.9%-1.1pp | 21.0%-0.1pp | 21.1% |
| Operating Margin | 6.6%-0.1pp | 6.7%+0.6pp | 6.0%-1.0pp | 7.0%+1.3pp | 5.8%-0.6pp | 6.3%-0.3pp | 6.7%+0.0pp | 6.6% |
| Net Margin | 3.5%-0.5pp | 4.0%+0.5pp | 3.5%-0.8pp | 4.3%+1.1pp | 3.1%-0.9pp | 4.0%-0.2pp | 4.1%+1.6pp | 2.6% |
| Return on Equity | 2.1%-0.4pp | 2.5%+0.3pp | 2.2%-0.5pp | 2.7%+0.5pp | 2.2%-0.9pp | 3.1%0.0pp | 3.1%+1.3pp | 1.8% |
| Return on Assets | 1.0%-0.2pp | 1.1%+0.1pp | 1.0%-0.2pp | 1.2%+0.2pp | 1.0%-0.3pp | 1.3%0.0pp | 1.3%+0.5pp | 0.8% |
| Current Ratio | 1.75+0.1 | 1.67+0.1 | 1.61+0.3 | 1.290.0 | 1.29-0.3 | 1.55-0.3 | 1.80+0.0 | 1.79 |
| Debt-to-Equity | 0.47-0.0 | 0.480.0 | 0.49+0.2 | 0.320.0 | 0.32-0.2 | 0.49-0.1 | 0.56-0.0 | 0.58 |
| FCF Margin | 8.5%-0.8pp | 9.2%-0.3pp | 9.5%+11.1pp | -1.6%-7.9pp | 6.2%-9.6pp | 15.9%+6.8pp | 9.1%+13.8pp | -4.7% |
Similar Companies
Frequently Asked Questions
What is Parsons's annual revenue?
Parsons (PSN) reported $6.4M in total revenue for fiscal year 2025. This represents a -99.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Parsons's revenue growing?
Parsons (PSN) revenue declined by 99.9% year-over-year, from $6.8B to $6.4M in fiscal year 2025.
Is Parsons profitable?
Yes, Parsons (PSN) reported a net income of $241K in fiscal year 2025, with a net profit margin of 3.8%.
What is Parsons's earnings per share (EPS)?
Parsons (PSN) reported diluted earnings per share of $2.20 for fiscal year 2025. This represents a 3.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Parsons's EBITDA?
Parsons (PSN) had EBITDA of $535K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Parsons have?
As of fiscal year 2025, Parsons (PSN) had $153K in cash and equivalents against $1.2M in long-term debt.
What is Parsons's gross margin?
Parsons (PSN) had a gross margin of 22.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Parsons's operating margin?
Parsons (PSN) had an operating margin of 6.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Parsons's net profit margin?
Parsons (PSN) had a net profit margin of 3.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Parsons's return on equity (ROE)?
Parsons (PSN) has a return on equity of 9.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Parsons's free cash flow?
Parsons (PSN) generated $410K in free cash flow during fiscal year 2025. This represents a -99.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Parsons's operating cash flow?
Parsons (PSN) generated $478K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Parsons's total assets?
Parsons (PSN) had $5.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Parsons's capital expenditures?
Parsons (PSN) invested $68K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Does Parsons buy back shares?
Yes, Parsons (PSN) spent $125K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
How many shares does Parsons have outstanding?
Parsons (PSN) had 106M shares outstanding as of fiscal year 2025.
What is Parsons's current ratio?
Parsons (PSN) had a current ratio of 1.75 as of fiscal year 2025, which is generally considered healthy.
What is Parsons's debt-to-equity ratio?
Parsons (PSN) had a debt-to-equity ratio of 0.47 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Parsons's return on assets (ROA)?
Parsons (PSN) had a return on assets of 4.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Parsons's Altman Z-Score?
Parsons (PSN) has an Altman Z-Score of 1350.75, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Parsons's Piotroski F-Score?
Parsons (PSN) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Parsons's earnings high quality?
Parsons (PSN) has an earnings quality ratio of 1.98x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Parsons cover its interest payments?
Parsons (PSN) has an interest coverage ratio of 8.1x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Parsons?
Parsons (PSN) scores 41 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.